Our Sponsored Bill (HB-408) was Approved!

February 14, 2016

A House panel approved a bill to clarify that a law protecting the rights of life insurance beneficiaries was meant to be retroactive so that existing policies are covered.

“This bill will not require insurance companies to pay one red cent more than their contracts require them to pay. It does, however, require them to make a concerted effort to pay what they actually owe to our constituents,” the bill’s sponsor, Rep. Chris Harris (D-Forest Hills), told the House Banking and Insurance Committee.